MCB Bank, for the 9th time has been named “Best Bank in Pakistan” by the highly respected UK based magazine, Euromoney, for the bank’s impressive performance and growth in the year.
Regarded as the flagship awards for financial services globally, Euromoney awards and recognises institutions and individuals those who demonstrate leadership, innovation, and momentum in the markets in which they excel.
22nd yearly Euromoney awards attracted over 600 submissions from the world’s leading banks and brokerage houses. In deciding on the award winners, Euromoney’s dedicated research team and awards panel rated all the submissions on both quantitative and qualitative factors, such as KPIs, financial ratios and innovation over the past 12 months. Commenting on why MCB Bank was selected for the award, Euromoney Editor, Clive Horwood, explained, “The bank’s growth and success story has continued in 2011.